EAST TEXAS BAPTIST COLLEGE

Operated by PRINCESS THREE OPERATING, LLC (P-5 677993) in the WOODLAWN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98073District 06Field 98563083NGPA filingCondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – Nov 2017
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
299
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition308 bbl$18,315
GasProduction405,928 Mcf$1,634,545
Total$1,652,859

82,419 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.5649, -94.3767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56492, -94.37668 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,090 ft
1 wells filed one
Completion to plug
35.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,090 ft.

Completions filed
Feb 1982
1 of 1 wells
Plug dates filed
Nov 2017
1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20330904110,090 ftFeb 1982Nov 2017Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (299)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

299 months

Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017046347.523.09$1,429
Aug 2017054045.373.00$1,622
Jul 2017072543.873.09$2,238
Jun 2017066242.493.09$2,044
May 2017090945.373.26$2,966
Apr 2017094047.933.21$3,019
Mar 2017088446.772.98$2,638
Feb 2017083750.452.95$2,471
Jan 2017087549.413.42$2,991
Dec 201601,04148.763.72$3,875
Nov 2016085842.492.64$2,269
Oct 2016091646.193.09$2,831
Sep 2016087741.553.10$2,719
Aug 201601,00741.442.92$2,945
Jul 2016098741.622.92$2,886
Jun 201601,17945.352.69$3,167
May 201601,31242.521.99$2,612
Apr 201601,13936.561.99$2,268
Mar 201601,31633.011.79$2,361
Feb 201601,17726.472.06$2,429
Jan 201601,20927.352.36$2,859
Dec 201501,37232.362.00$2,746
Nov 201501,12438.792.17$2,436
Oct 201501,05543.552.43$2,560
Sep 2015093642.992.76$2,582
Aug 2015095040.162.87$2,729
Jul 2015066448.152.95$1,956
Jun 2015046456.152.88$1,338
May 2015086555.212.96$2,556
Apr 201501,06549.822.71$2,883
Mar 201501,02142.892.93$2,996
Feb 2015093844.662.98$2,792
Jan 2015061543.433.10$1,907
Dec 2014099654.693.59$3,577
Nov 2014055070.464.25$2,339
Oct 2014092878.303.90$3,620
Sep 201401,09286.164.05$4,418
Aug 2014084989.394.04$3,426
Jul 2014092396.564.18$3,858
Jun 201401,29298.164.74$6,120
May 201401,51494.734.73$7,156
Apr 201401,19395.944.81$5,737
Mar 201401,33295.895.06$6,736
Feb 201401,19397.406.19$7,387
Jan 2014094990.404.86$4,613
Dec 201301,20591.824.35$5,247
Nov 201301,23788.853.74$4,624
Oct 201301,09797.423.78$4,146
Sep 201301,196104.113.72$4,446
Aug 201301,070104.253.52$3,769
Jul 201301,080102.523.72$4,015
Jun 2013084994.403.93$3,339
May 2013094394.834.15$3,913
Apr 201301,08593.964.28$4,647
Mar 201301,15293.623.91$4,508
Feb 2013071291.233.42$2,435
Jan 2013041791.603.42$1,426
Dec 2012035586.773.42$1,214
Nov 2012055086.953.62$1,994
Oct 2012082889.383.40$2,815
Sep 2012071094.672.92$2,072
Aug 2012095892.662.91$2,786
Jul 201201,02885.133.02$3,105
Jun 201201,04079.822.52$2,620
May 201201,10291.612.49$2,742
Apr 2012351,386101.652.00$6,325
Mar 201201,592105.052.22$3,538
Feb 2012101773101.102.57$12,198
Jan 2012094198.092.73$2,573
Dec 2011091296.873.24$2,955
Nov 2011091495.723.31$3,027
Oct 2011093984.983.65$3,426
Sep 201101,04783.623.99$4,173
Aug 2011091783.404.15$3,805
Jul 201101,01494.144.52$4,580
Jun 201101,08592.904.64$5,034
May 201101,17798.134.40$5,184
Apr 201101,260105.964.33$5,460
Mar 201101,31596.364.06$5,335
Feb 201101,40285.644.18$5,860
Jan 201102,62686.504.59$12,050
Dec 201001,86085.734.35$8,087
Nov 201003,44080.843.80$13,056
Oct 2010038478.103.51$1,347
Sep 201002,53272.633.98$10,076
Aug 201001,28673.684.42$5,683
Jul 201001,80972.554.74$8,568
Jun 201002,35270.364.91$11,549
May 201001,93671.124.24$8,199
Apr 201002,03881.694.12$8,402
Mar 201001,77078.394.39$7,768
Feb 201001,30673.585.44$7,108
Jan 201001,19574.365.96$7,127
Dec 200901,28871.445.48$7,063
Nov 200901,24374.593.75$4,663
Oct 200901,54872.544.11$6,363
Sep 200901,43765.543.06$4,404
Aug 200901,29967.423.22$4,181
Jul 2009074161.133.46$2,567
Jun 200901,32466.163.90$5,157
May 200901,93254.743.93$7,585
Apr 200901,48546.773.59$5,327
Mar 200901,46042.144.06$5,926
Feb 200901,05932.814.63$4,906
Jan 200901,01135.865.37$5,430
Dec 200801,15937.105.98$6,928
Nov 200801,02655.496.86$7,039
Oct 200801,17375.246.92$8,119
Sep 200801,914101.767.88$15,077
Aug 200801,598114.228.48$13,556
Jul 200802,298131.0811.39$26,173
Jun 200802,080131.3313.03$27,108
May 200802,424123.1711.57$28,056
Apr 200802,070110.3110.45$21,642
Mar 200802,164101.909.66$20,913
Feb 200801,82092.538.77$15,962
Jan 200802,26890.388.21$18,611
Dec 200701,76188.337.30$12,859
Nov 200702,27291.677.29$16,567
Oct 200702,19782.856.92$15,208
Sep 200701,74075.846.24$10,865
Aug 200701,17069.066.39$7,474
Jul 200701,22470.906.39$7,819
Jun 200701,67862.007.55$12,666
May 200701,85258.747.85$14,531
Apr 200701,99859.617.81$15,595
Mar 200702,23856.927.30$16,342
Feb 200702,02755.108.22$16,654
Jan 200701,61750.306.73$10,877
Dec 200602,19556.656.92$15,186
Nov 200602,52554.207.62$19,234
Oct 200602,13754.906.01$12,851
Sep 200601,11760.085.04$5,627
Aug 200601,55768.717.34$11,428
Jul 200601,71969.376.34$10,903
Jun 200601,25866.286.38$8,031
May 200601,15766.016.42$7,434
Apr 200601,68864.397.36$12,424
Mar 200601,74556.707.08$12,360
Feb 200601,73357.597.75$13,433
Jan 200602,07560.598.93$18,537
Dec 200501,54954.9413.42$20,780
Nov 200502,20854.6910.59$23,379
Oct 200502,09258.3413.80$28,861
Sep 200501,63561.4512.08$19,749
Aug 200501,77561.519.80$17,389
Jul 200502,06355.697.84$16,181
Jun 200502,07552.337.38$15,316
May 200501,85945.226.65$12,365
Apr 200501,88149.207.36$13,845
Mar 200502,13250.377.15$15,254
Feb 200501,73445.226.31$10,945
Jan 200501,78443.166.32$11,279
Dec 200402,22239.866.75$15,001
Nov 200401,96145.286.33$12,414
Oct 200402,13849.706.52$13,929
Sep 200401,98343.245.28$10,478
Aug 2004102,34842.375.55$13,457
Jul 200402,23038.286.08$13,568
Jun 200402,16136.106.43$13,902
May 200402,15637.486.49$14,002
Apr 200401,77134.475.86$10,375
Mar 200402,47234.365.53$13,671
Feb 200402,91732.455.51$16,072
Jan 2004065932.036.30$4,151
Dec 20039840430.266.30$5,511
Nov 2003058728.804.60$2,697
Oct 2003043528.174.76$2,070
Sep 2003059026.314.75$2,802
Aug 2003069429.765.13$3,560
Jul 2003078429.415.17$4,054
Jun 2003079728.565.98$4,768
May 2003078526.595.97$4,689
Apr 2003081326.675.41$4,396
Mar 2003093731.146.10$5,712
Feb 2003087733.487.93$6,951
Jan 200301,28830.315.58$7,190
Dec 200201,44326.914.85$7,004
Nov 200201,01724.664.14$4,207
Oct 200201,65726.464.23$7,008
Sep 200201,18827.443.64$4,319
Aug 200201,30425.963.16$4,126
Jul 200201,01724.583.06$3,114
Jun 200201,11423.733.34$3,719
May 200201,49024.663.58$5,340
Apr 200201,62823.653.51$5,718
Mar 200201,86622.003.10$5,790
Feb 200201,33618.222.38$3,174
Jan 200201,53517.172.38$3,647
Dec 200101,36216.932.36$3,220
Nov 2001641,44718.072.41$4,637
Oct 200101,16219.782.53$2,939
Sep 200101,83124.262.25$4,122
Aug 200101,20724.873.05$3,685
Jul 200101,12023.933.20$3,581
Jun 200101,41824.563.82$5,423
May 200101,53125.524.31$6,595
Apr 200101,31624.685.34$7,021
Mar 200101,28124.545.38$6,887
Feb 200101,14227.755.77$6,586
Jan 200101,29127.478.40$10,843
Dec 200001,08726.889.12$9,916
Nov 200001,04732.215.66$5,924
Oct 200001,41731.235.15$7,291
Sep 200001,27831.875.19$6,628
Aug 2000099329.644.54$4,509
Jul 200001,25228.534.09$5,120
Jun 200001,82829.304.40$8,038
May 200001,47027.263.68$5,409
Apr 200001,40424.513.12$4,375
Mar 200001,17328.422.86$3,354
Feb 200001,21527.622.73$3,313
Jan 200001,52225.272.48$3,775
Dec 199901,42724.282.42$3,459
Nov 199901,27823.192.43$3,111
Oct 199901,80620.982.80$5,064
Sep 199901,37321.752.62$3,596
Aug 199901,06519.262.88$3,063
Jul 1999092617.892.37$2,197
Jun 1999076115.942.36$1,798
May 1999048715.792.32$1,130
Apr 1999044215.102.21$976
Mar 1999031712.471.84$583
Feb 199903989.981.82$723
Jan 1999086910.381.90$1,651
Dec 199808209.201.77$1,454
Nov 199801,33910.892.19$2,927
Oct 1998075312.421.97$1,483
Sep 199801,23912.592.08$2,580
Aug 199801,08411.301.91$2,068
Jul 1998075311.742.24$1,685
Jun 1998059511.242.24$1,331
May 1998078812.622.21$1,739
Apr 1998081013.042.51$2,029
Mar 1998080012.802.31$1,848
Feb 1998076013.952.30$1,747
Jan 199801,07314.702.15$2,312
Dec 1997092216.322.41$2,223
Nov 1997092218.193.09$2,847
Oct 1997087719.253.15$2,762
Sep 199701,11017.742.95$3,280
Aug 199701,14317.862.55$2,920
Jul 1997094917.582.25$2,132
Jun 199701,25217.242.26$2,826
May 199701,12618.972.31$2,599
Apr 1997079917.882.08$1,664
Mar 1997088018.951.94$1,706
Feb 1997084520.492.21$1,864
Jan 199701,48023.483.54$5,239
Dec 199601,36923.32$0
Nov 199601,26821.97$0
Oct 199601,34623.31$0
Sep 199601,25922.22$0
Aug 199601,01820.26$0
Jul 199601,40119.55$0
Jun 199601,38818.73$0
May 199601,74319.43$0
Apr 199601,81321.51$0
Mar 199601,55119.38$0
Feb 199601,71916.98$0
Jan 199601,89317.07$0
Dec 199501,96117.19$0
Nov 199502,43116.00$0
Oct 199502,64515.43$0
Sep 199501,61916.18$0
Aug 199501,91715.92$0
Jul 199501,91315.24$0
Jun 199501,07416.41$0
May 199502,07617.56$0
Apr 199501,50117.73$0
Mar 199501,16416.44$0
Feb 199502,52916.58$0
Jan 199502,16715.92$0
Dec 199401,67115.03$0
Nov 199401,62115.90$0
Oct 199402,15215.58$0
Sep 199401,17915.29$0
Aug 1994094216.13$0
Jul 199401,30717.56$0
Jun 199401,66417.09$0
May 199402,04815.88$0
Apr 199401,28614.14$0
Mar 199401,68712.46$0
Feb 199401,24412.50$0
Jan 199401,37312.66$0
Dec 199301,44112.33$0
Nov 199301,82614.49$0
Oct 199301,96315.85$0
Sep 199301,82415.03$0
Aug 199301,72515.66$0
Jul 199302,24815.46$0
Jun 199301,80016.79$0
May 199301,39417.68$0
Apr 199301,80418.05$0
Mar 199301,99218.14$0
Feb 199303,04017.90$0
Jan 199302,42316.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Sep 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 47.52 =         $0
Gas                  463 Mcf  × $  3.09 =     $1,429

────────────────────────────────────────────────────
Month total                                   $1,429

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/98073 is the state's own key, not one this site invented.